A very simple indicator that marks the start of every month with a vertical line. But default the vertical line is gray with 80% transparency but you can customize the style/color/transparency as you like.
I hate crowded charts, bloated with all kind of crazy shapes and I created this indicator for two main reasons:
1. beginning/end of the month is an excellent pivot-point
2. to be simple, easy to customize and non-intrusive with the underlying chart
See the attached EURUSD daily chart , at the beginning of every month the price pivoted up and down, can you figure out what happens at the end of Dec 2019?
Trade long and prosper!!!
I hate crowded charts, bloated with all kind of crazy shapes and I created this indicator for two main reasons:
1. beginning/end of the month is an excellent pivot-point
2. to be simple, easy to customize and non-intrusive with the underlying chart
See the attached EURUSD daily chart , at the beginning of every month the price pivoted up and down, can you figure out what happens at the end of Dec 2019?
Trade long and prosper!!!
릴리즈 노트:
CHANGES
- display the indicator on intraday and daily time frames only
- hide indicator value label on price axis
- display the indicator on intraday and daily time frames only
- hide indicator value label on price axis
릴리즈 노트:
Small change to apply this indicator to another indicator (RSI, MA, etc)